TBD, the one-year-old division of Block that CEO Jack Dorsey once said would "likely be our most important contribution to the internet," is partnering with Circle to work on cross-border remittances, the duo announced Wednesday.
Why it matters: Block doesn't see this as a money maker, but it does believe the future is decentralized and that being part of the foundation will give the company a major leg forward in the decades to come.